LIC to launch three new insurance plans on Oct. 19
In short
LIC will introduce three new insurance products on October 19, 2026. The plans are LIC’s New Jeevan Dhara - II, LIC’s Health Shield and LIC’s New Cancer Cover.
The products matter because they add options for retirement income, health cover and cancer cover. The reporting does not give prices, sales goals or how many people may buy them.
What the reporting says
Life Insurance Corporation of India will introduce three new insurance products on October 19, including LIC’s New Jeevan Dhara - II, LIC’s Health Shield and LIC’s New Cancer Cover. Publisher-supplied summaries say the offerings include a deferred annuity for post-retirement income and two health plans with fixed benefits under specified conditions. All three are described as non-par, non-linked, individual plans, but pricing and sales targets are not stated.
Why it matters
LIC is set to launch three non-par, non-linked, individual insurance plans on October 19. The reported products are New Jeevan Dhara - II, Health Shield and New Cancer Cover. The summaries say one plan is a deferred annuity for post-retirement income and the other two offer fixed financial benefits under specified conditions. No premium levels or distribution details are given.